Word: mulroney
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...enforce its claim, Prime Minister Brian Mulroney's government is weighing the purchase of the submarines (cost: as much as $740 million each) over the next decade -- a hefty order since the annual budget for defense is only $7.4 billion...
...Broadbent, leader of the socialist New Democratic Party, calls the Amoco bid a "black day for Canada," because it would tip foreign control of the $49 billion petroleum industry well past 50%. The deal could also test Prime Minister Brian Mulroney's vow to seek friendly foreign investment...
...they might. As the President attested during his summit meeting with Canadian Prime Minister Brian Mulroney, the U.S. and its largest trading partner appear close to a historic juncture in their immense economic relationship (value of 1986 commerce: $129 billion). After a year of negotiation, officials in Washington and Ottawa seem confident they can produce a draft agreement by autumn that will completely eliminate tariff barriers between the two countries over the next decade or so. Reagan also took a modest -- for most Canadians, far too modest -- step toward alleviating another deep Canadian concern. The President said he would "consider...
...White House has a deadline of Oct. 4 for presenting a draft agreement to Congress. After that, Reagan and Mulroney will have the perhaps tougher job of convincing a contentious flock of U.S. and Canadian regional interests that the deal is a good one for all. Only then will it be clear that two close friends have truly created what Reagan last week hailed as a "pioneering agreement worthy of a pioneering people...
...Canada's desire to conclude a historic free-trade agreement with Washington that would remove tariffs and most other trade barriers between the two countries during the next 15 years or so. President Reagan was to endorse that effort once again in a meeting with Canadian Prime Minister Brian Mulroney on a one-day state visit to Ottawa this week. But other close U.S. allies fear they may eventually be left out in the cold. Says a top European Community trade official in Brussels: "What worries us is that the U.S.-Japanese trade deficit will be balanced on the backs...